Dassault Systèmes (OTCMKTS:DASTY) Releases FY 2024 Earnings Guidance

Dassault Systèmes (OTCMKTS:DASTY) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.380-1.417 for the period, compared to the consensus estimate of 1.370. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.8 billion. Dassault Systèmes also updated its Q4 2024 guidance to 0.410-0.447 EPS.

Dassault Systèmes Stock Performance

DASTY traded down $0.98 during midday trading on Friday, reaching $33.87. The company had a trading volume of 73,279 shares, compared to its average volume of 127,192. The business has a 50-day moving average of $38.12 and a two-hundred day moving average of $38.81. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.25. Dassault Systèmes has a 1 year low of $33.80 and a 1 year high of $53.00. The company has a market cap of $45.33 billion, a P/E ratio of 38.06, a P/E/G ratio of 3.35 and a beta of 0.91.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings data on Thursday, July 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Dassault Systèmes had a net margin of 18.50% and a return on equity of 18.53%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. As a group, equities research analysts predict that Dassault Systèmes will post 1.26 earnings per share for the current fiscal year.

About Dassault Systèmes

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.